Business Interruption Insurance Coverage Claims and Litigation: What You Must Know and Do Amid the COVID-19 Pandemic

Overview:

Since the onset of shutdown orders due to COVID-19, business owners have turned to their insurance policies to seek coverage for lost revenue and other pandemic-induced expenses. Insurers have generally denied business interruption coverage to these claims, referring to policy requirements for direct physical loss. Policyholders have brought their claims to the courts and, in most cases, judges have ruled in favor of the insurers. However, this trend is expected to change as plaintiffs start to find the weaknesses of the defendants’ arguments.

On the other hand, several states have proposed legislation that would mandate insurers to cover pandemic-related business interruption losses despite any exclusions.

In a LIVE Webcast, a panel of key thought leaders and professionals assembled by The Knowledge Group will provide an in-depth discussion of the recent regulatory and litigation developments surrounding COVID-19-related insurance claims. Speakers will also offer best practices and practical strategies in managing business interruption insurance claim issues in today’s evolving legal climate.

Key topics include:

• COVID-19 Business Interruption Coverage Claims and Litigation – Recent Trends
• Notable Court Rulings
• Implications of Bills Mandating Coverage
• Considerations for Both Insurers and Policyholders
• Best Practices and Effective Strategies
• Outlook

Agenda:

Who Should Attend:

• Insurance Lawyers
• In-House and Outside Counsel
• Chief Financial Officers
• Claims Managers
• Corporate Risk Managers
• Agents/Brokers
• Insurance Companies
• Risk Managers
• Policyholders